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 analysing AUD/JPY for Tuesdayto Nov. 25, 2019



AUD/JPY intraday: rebound
Our pivot point stands at 73.65.

Our preference: rebound.

Alternative scenario: below 73.65, expect 73.43 and 73.30.

Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA (73.82) but below its 50 MA (73.86).


Supports and resistances:

74.51 **
74.38 *
74.25 **
74.12
73.85 last
73.74
73.65 **
73.43 *
73.30 **
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